Probability Question

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • DuncHen22
    SBR MVP
    • 11-20-09
    • 1079

    #1
    Probability Question
    I knew how to do this a while back but have forgotten:

    Say you have 3 teams who all have a 60% chance of winning.

    -What is the probability of at least 1 of them winning?
    -How about the probability of at least 2 of them winning?

    I know the probability of all 3 of them winning would be .6*.6*.6 = 21.6%, but I forgot how to calculate the "either/or" probabilities.

    Thanks!
  • sharpcat
    Restricted User
    • 12-19-09
    • 4516

    #2
    .50 to win one

    .25 to win two

    should be .5 x .5 = .25
    Comment
    • LT Profits
      SBR Aristocracy
      • 10-27-06
      • 90963

      #3
      Well, odds of hitting EXACTLY one = 3*(.6*.4*.4) = .288, odds of hitting EXACTLY two = 3*(.6*.6*.4) = .432 and as you said, odds of exactly three are ,216.

      SO, odds of AT LEAST one = .288 + .432 + .216 = 93.6%
      Odds of AT LEAST two = .432 + .216 = 64.8%
      Comment
      • sharpcat
        Restricted User
        • 12-19-09
        • 4516

        #4
        sorry I did not catch the 60% win rate

        so it should be .6 x .6 = .36 or 36% of hitting 2 of them
        Last edited by sharpcat; 03-07-10, 09:30 PM.
        Comment
        • LT Profits
          SBR Aristocracy
          • 10-27-06
          • 90963

          #5
          Originally posted by sharpcat
          sorry I did not catch the 60% win rate

          so it should be .6 x .6 = .36 or 36% of hitting 2 of them
          No, one sequence would be .6 x .6 x .4 = .144

          Also, there are three possible sequences (hit-hit-miss, hit-miss-hit, miss-hit-hit), so you multiply by 3 to get 43.2% chance of EXACTLY 2 out of 3.
          Comment
          • DuncHen22
            SBR MVP
            • 11-20-09
            • 1079

            #6
            Thank you LT Profits, that's exactly what I was looking for!

            I knew it was something simple like that I was just completely blanking. Thanks again!
            Comment
            SBR Contests
            Collapse
            Top-Rated US Sportsbooks
            Collapse
            Working...